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Drudge Retort: The Other Side of the News
Thursday, September 14, 2023

After the New Jersey location closes this fall, the only two remaining Kmart stores will be in Miami, Florida, and one on Long Island.

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Growing up we had two department stores that we could go to.... Twin Fair and KMart.

The blue light special was always such fun as a kid watching them wheel it out and flip on the blue strobe that would magically summon all devotees of the lord of the bargain to the nirvana of $5 off a Mr. Coffee drip coffee maker. The epitome of luxury in the eyes of an 8 year old who would sit and intently watch the electric percolator on the counter sputter and spew water up into the clear cap on the top to drip back down through a container of sometimes reused grounds for 15 or so minutes.

Twin Fair was our main store being closer by two miles. January 1977 mom was trying to return a down puffer coat whose zipper started shedding teeth after only two weeks when our dad came in from the car (a rarity harkening something dark and sinister as he never left the car) to tell mom we had to leave. Looking out of the door the parking lot was gone, obscured by a wall of wind whipped snow crystals blown in off of Lake Erie signaling the beginning of the Blizzard of 77 which shut down Buffalo for two weeks resulting in the deaths of 29 people trapped in their cars.

#1 | Posted by Nixon at 2023-09-14 06:51 AM | Reply | Newsworthy 1

The instant the last K-Mart closes, space-time resets.

#2 | Posted by Zed at 2023-09-14 08:42 AM | Reply

So long the blue light specials. May you rest in peace.

#3 | Posted by LauraMohr at 2023-09-14 09:09 AM | Reply

Nobody cares

#4 | Posted by LegallyYourDead at 2023-09-14 11:18 PM | Reply

LEGALLY

"Nobody cares"

Certainly not me. The only thing I remember about K-Marts was that it was the last department store in my corner of the world to switch to reading bar codes. The cheapskates!

I recall standing in a long line with a basket full of Christmas stuff while the checkout girl laboriously plugged in long numbers for each item for the 20 customers ahead of me.

I'm not one for waiting in lines anyway, especially when I'm spending my money. So that was it for me. I walked out and never went back.

Plus I remember that their parking lot looked like a haz-mat zone. They were too cheap to hire sweepers to clean the place up.

#5 | Posted by Twinpac at 2023-09-15 01:14 AM | Reply

KMart and its creditors did pretty well in selling KM real estate. The company typically signed 10-20 year leases, with 40 years of lease renewal terms, all at fixed rents. That meant that most KM properties had long-term control of property at below-market rents. My former employer had loans on a number of KM locations, and Home Depot bought them all, tore down the stores and built new, knowing that they would be in place for a long, long time. In every case, the locations were excellent, places where other big-box retailers had no other chance to come close to...

#6 | Posted by catdog at 2023-09-15 09:06 AM | Reply

Kmart sold good stuff at reasonable prices,
unlike Walmart....

#7 | Posted by saginawmi at 2023-09-15 10:27 AM | Reply

There's a theory that Eddie Lampert felt that Kmart wouldn't survive the next 30 Years so rather than being honest with the board employees and stockholders he did what he could to destroy the company from the inside so that he could become a retail landlord Tycoon no matter whose life he ruined in the process.

#8 | Posted by Tor at 2023-09-15 10:34 AM | Reply

Gee, K-mart Miami or Kmart Long Island-maybe I'll buy a 3 way ticket and see 'em both from the left coast. NOT!

#9 | Posted by Yodagirl at 2023-09-15 11:44 AM | Reply

#5 | POSTED BY TWINPAC-you left out the lumpy, busted up asphalt, the remains of the parking lot, under that trash.

#10 | Posted by Yodagirl at 2023-09-15 11:48 AM | Reply | Funny: 1

It's a perfect demonstration of the failure of liebertarianism. Eddie Lamprey decided to have departments compete against each other instead of working together as a cohesive whole. Sears and Kmart could have been very viable retailers today, but instead cutthroat internal politics destroyed them.

www.alternet.org

#11 | Posted by DarkVader at 2023-09-15 04:47 PM | Reply | Newsworthy 1

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